Advance tax is also known as the “pay-as-you-earn” scheme. Instead of paying all your taxes at the end of the year, you are required to estimate..
Tag: Tax filing India
How to Pay Self-Assessment Tax Online in India
Self-assessment tax is an important step in the income tax filing process. If after calculating your total income and TDS, you find that you still owe..
How to File ITR for Capital Gains on Stocks and Mutual Funds in 2025
Capital gains are one of the most common sources of income for Indian taxpayers today, especially with the growing trend of stock and mutual fund investments…
Which ITR Form Should Salaried Employees Use in 2025?
Filing an income tax return (ITR) correctly depends heavily on choosing the right form. Many salaried employees are confused about which ITR form they should select..
Difference Between Form 26AS, AIS, and TIS
Form 26AS, AIS (Annual Information Statement), and TIS (Taxpayer Information Summary) are key tools introduced by the Income Tax Department to increase tax transparency and improve..
How to Claim House Rent Allowance (HRA) and Save Tax in 2025
Introduction House Rent Allowance (HRA) is a common component of a salaried individual’s salary structure in India. It offers a tax benefit by allowing exemption of..
Important Documents Needed Before Filing Your ITR in 2025
Introduction Filing your Income Tax Return (ITR) correctly starts with collecting and organizing the right documents. Missing or incorrect information can lead to notices, refunds getting..
Should Freelancers and Consultants File ITR-4 for 2025?
Introduction Freelancers and consultants are important contributors to the modern economy, providing services in sectors like IT, marketing, consulting, education, and more. However, when it comes..